Economic benefit of up to $78 billion if Australia employed more people over 55: report

If Australia increased the workforce participation of older workers it could boost the economy by up to $78 billion, a new report has found.

KEY POINTS:
* Sweden a leading country with around three quarters of its population aged over 55 employed
* Australia in the middle of the pack, employing just over 60 per cent aged 55-64
* One of the main barriers for older Australians trying to find work was discrimination